Ethereum, aiming at 2200, fires #美联储维持利率不变 $ETH ‌

7.31 Afternoon Bitcoin and Ethereum Market Analysis In the afternoon, BTC further continued the pullback from the earlier session, but it did not open up any meaningful downside space. It remained in a “pressing but not breaking” state, providing a signal of a weak pullback. On the 1-hour timeframe, BTC’s MACD has been persistently forming a dead cross and moving downward; the KDJ momentum is also continuously amplifying, with no sign of contraction. In the short term, KDJ is more dominant. However, KDJ is now already down in the oversold region. A subsequent slow, low-volume sell-off is likely to bring a rebound and repair. At that point, it would also mean that short-term selling pressure has been over-released. The probability of continued deep downside in the short term is relatively low. More likely, price will rely on support around 63,500 to conduct a weak rebound. But the rebound strength depends on whether it can quickly reclaim the 64,500 level. Otherwise, the BTC pair may fall into a period of low-level sideways consolidation for some time, using time to gain space while waiting for the moving averages to converge. ETH needs to regain and stand above the 64,300 area to ease the short-term KDJ pressure. If, below, it effectively breaks 63,500 and continues with increasing volume, it could slide further toward the prior low of 63,234. In fact, you don’t need to rush in right now. You can wait for the pullback to dip into the 63,500–63,800 range. After a stop-the-fall signal appears, then go light on entering ETH (“light-load test”). For stop-loss, refer to the area of the prior low. The target would be a rebound near 64,300. If BTC’s rebound strength is limited and the resistance overhead fails to break through, then in the short term, ETH and its downside (“哆丹”) can temporarily take the lead and proceed with caution (“洛带”). As the saying goes: without volume to support follow-through, don’t hold for long—otherwise it’s easy for the market to swing both ways. In the afternoon, the performance of ETH is pretty similar to expectations from midday. It first tested support around 1,880, and then thereafter the support should be the 1,880–1,870 range. Watch 1,910 on the upside for now. $BTC #GateCard消费返现最高8% $ETH

BTC was originally rising just fine—why did it drop? The market is always right. The Dape planned in advance also cut the loss and exited directly; they didn’t stay to fight. In the morning, BTC pushed up to test the 65,700 key resistance from above, then the upward wick to 65,400 was very close to the resistance level. It couldn’t keep breaking upward, fell back quickly, and printed a shooting star K-line pattern. After that, it directly broke below the 64,600 support level. At the moment, the market has dropped back into a 63,500–64,600 range and is trading sideways. The bulls’ push is blocked—if you can’t win the fight, then just join in. Adjust your trading thinking to follow the trend; the focus is on the short side testing support below the range. BTC: around 64,000, short targets 63,200 → 62,600 ETH: around 1,895, short targets 1,855 → 1,810 #Gate独家美股0费率 $BTC ‌$ETH ‌